Cindy Holland, whose departure from Netflix after an 18-year run this year highlighted the changes rippling through the streaming giant, has joined the board of a newly formed entity called Horizon Acquisition Corp II.
The November 17 appointment was disclosed Monday in an SEC filing. Holland left Netflix in September as Bela Bajaria became global head of TV. Given her pedigree at Netflix, where she worked closely with co-ceo Ted Sarandos to build the massive content operation, her next moves in entertainment have been the subject of active speculation.
By design, though, the exact nature of Horizon’s path is not clear yet. The company, which had a $544 million initial public offering on the New York Stock Exchange in August, is classified as a special-purpose acquisition company, or Spac. Also known in financial circles as “blank check” companies, SPACs essentially are vehicles for taking other businesses public. They have become popular...
The November 17 appointment was disclosed Monday in an SEC filing. Holland left Netflix in September as Bela Bajaria became global head of TV. Given her pedigree at Netflix, where she worked closely with co-ceo Ted Sarandos to build the massive content operation, her next moves in entertainment have been the subject of active speculation.
By design, though, the exact nature of Horizon’s path is not clear yet. The company, which had a $544 million initial public offering on the New York Stock Exchange in August, is classified as a special-purpose acquisition company, or Spac. Also known in financial circles as “blank check” companies, SPACs essentially are vehicles for taking other businesses public. They have become popular...
- 11/23/2020
- by Dade Hayes
- Deadline Film + TV
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